Thursday, May 8, 2025

A trade deal on ‘Victory Day’

The United States and United Kingdom come to an agreement on Trump's sweeping tariffs. ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
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On Politics

Thu May 8 2025

 

Rebecca Morin Newsletter Writer

@RebeccaMorin_

Happy Thursday! Rebecca Morin here. I'm going to be out on Monday, but I'll be back to bring you Tuesday's political news!

White smoke on a trade deal

It's "Victory Day." No, not just the day that celebrates the end of World War II in Europe. But now also the day that the United States and United Kingdom came to a trade deal, the first agreement since President Donald Trump imposed his sweeping tariffs in April. While final details of the deal are still in the works, Trump promised the agreement would provide billions of dollars in access for U.S. agricultural products such as beef and ethanol. What to know about the deal.

Trump in April hit the UK with a 10% universal tariff and 25% tariffs that Trump imposed on foreign automobiles, steel and aluminum. As part of the new deal with the United Kingdom, Trump said he made a special exception by lowering auto tariffs from 25% to 10% to help "super-luxury" cars such as Rolls-Royce, Bentley and Jaguar vehicles that are manufactured in Britain. 
Following Trump's trade announcement, U.S. stocks traded higher at midday. Some analysts hope the deal will mark a step toward agreements with other countries who are negotiating Trump's sweeping tariffs. 
Amid Trump's trade deal victory lap, white smoke plumed out of the Sistine Chapel's chimney, signaling the papal conclave elected a new pope. Trump said Thursday that he has seen the smoke, but has not yet seen who the new pope is.

Usa Trump Tarifffs Eu

President Donald Trump takes questions as he makes an announcement about a trade deal with the U.K., in the Oval Office at the White House on Thursday.

Leah Millis, REUTERS

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Biden defends legacy on 'The View'

Former President Joe Biden is making the rounds. This time, he rebuffed criticisms that he waited too long to drop out of the 2024 presidential campaign during a live interview on "The View." Although Biden maintains he would have defeated President Trump in a rematch last fall, he said he takes responsibility for Trump's decisive victory. When asked about former Vice President Kamala Harris, his former running mate who took the reigns after he dropped out of the presidential race last summer, Biden said the two keep in contact and have discussed her political future. Key takeaways from Biden's interview. 

You asked, On Politics answers: Looking towards the 2026 midterms.

I'm back with a question from one of you, my fabulous On Politics readers. One reader asked: How many GOP congress members face midterm elections in '26?

Like every two years, all 435 U.S. House seats are up for election in 2026. Currently, Republicans hold a slim majority in the House, at 220, while there are 213 Democrats. On the Senate side, 35 seats will be up for election – 13 Democratic-held seats, with no incumbent running in Michigan, New Hampshire and Minnesota, and 22 Republican-held seats. 

History has shown that the party in the White House often sees losses during the midterm elections. A generic ballot model is forecasting that Democrats could retake the House in 2026, according to the Center for Politics at the University of Virginia. The Cook Political Report currently has 19 House seats labeled as toss ups, meaning either party has a good chance of winning. With roughly 18 months until the 2026 midterm election, a lot can change and I'll be sure to keep you all updated.

Got a burning question, or comment, for On Politics? You can submit them here or send me an email at rdmorin@usatoday.com.

President Donald Trump shakes hands with Supreme Court Chief Justice John Roberts after he was sworn in during inauguration ceremonies in the Rotunda of the US Capitol on January 20, 2025 in Washington, DC.

While vacationing in Portugal, Chief Justice John Roberts was mistaken for John Boehner, the former House GOP Speaker. He is fine with that.

WASHINGTON, DC - JANUARY 20: U.S. Vice President J.D. Vance greets nominee for Secretary of State, U.S. Sen. Marco Rubio (R-FL) during the luncheon following inauguration of U.S. President Donald Trump at the U.S. Capitol on January 20, 2025 in Washington, DC. Donald Trump takes office for his second term as the 47th president of the United States. (Photo by Kevin Dietsch/Getty Images)
 

Marco's moment: Rubio in the hot seat amid Trump team shakeup

Secretary of State Marco Rubio's new job as national security adviser sets the former Donald Trump rival up for a bigger role in war and peace.

Pete Buttigieg (pictured) and his husband Chasten adopted Black children.
 

Pete Buttigieg got real about transracial adoption. It's making waves – with good reason.

Some now-adult transracial adoptees are determined to share their stories too, to combat what they say is an overly rosy narrative about adoption.

This photo taken on March 13, 2025 shows student Liu Yuxuan reading a book at a university classroom in Beijing.
 

Trump is pressuring colleges. Does that help China?

The White House has cut off billions in federal funding from major American research universities as the United States and China compete to innovate.

Ed Martin, President Donald Trump's nominee for U.S. Attorney for Washington, D.C., spoke in the U.S. Capitol June 13, 2023 during a hearing held by then-Rep. Matt Gaetz (R-FL), at which Republicans criticized the alleged targeting of January 6th defendants.
 

Trump pulls DC attorney pick Ed Martin amid Republican opposition

President Donald Trump says he'll tap someone else for DC attorney amid Republican opposition to Ed Martin over his support for Jan. 6 rioters.

"NBC Nightly News" anchor Lester Holt hosts an NBC News town hall event with then-Vice President Joe Biden in Miami on Oct. 5, 2020.
 

Why Lester Holt is leaving 'Nightly News' for 'Dateline' full time

Lester Holt, one of America's most-watched anchors, is opening up about his surprising choice to leave "Nightly News" for full time "Dateline" duties.

 

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